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Recommendations of the Committee of Experts
on Disciplinary and Vigilance Inquiries (Hota Committee) (Click the link below for details)
|
INTEREST RATES FOR VARIOUS SMALL SAVINGS SCHEMES WITH EFFECT FROM 01-04-2015
Government of India has decided that interest rates on
Small savings Schemes will be linked to yields on government securities of
comparable maturity. In pursuance of that decision, it is decided
to revise the rates applicable on various small savings schemes as given below.
|
Scheme
|
Rate of interest
w.e.f.01.04.2014
|
Rate of Interest
w.e.f. 01.04.2015
|
|
(1)
|
(2)
|
(3)
|
|
Savings Deposit
|
4.0
|
4.0
|
|
1 Year Time Deposit
|
8.4
|
8.4
|
|
2 Year Time Deposit
|
8.4
|
8.4
|
|
3 Year Time Deposit
|
8.4
|
8.4
|
|
5 Year Time Deposit
|
8.5
|
8.5
|
|
5 Year Recurring Deposit
|
8.4
|
8.4
|
|
5 Year SCSS
|
9.2
|
9.3
|
|
5 Year MIS
|
8.4
|
8.4
|
|
5 Year NSC
|
8.5
|
8.5
|
|
10 Year NSC
|
8.8
|
8.8
|
|
PPF
|
8.7
|
8.7
|
|
Kisan Vikas Patra
|
8.7
|
8.7
|
|
Sukanya Samriddhi Account Scheme
|
9.1
|
9.2
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